Tesla ditches EV inventory discounts to ‘streamline’ sales and delivery

April 16, 2024

Tesla has ended discounts on inventory across its entire electric vehicle lineup — even as sales for EVs have flagged — as part of a larger and vague plan by CEO Elon Musk to “streamline the whole Tesla sales and delivery system.” “It has become complex and inefficient,” Musk wrote in a post on X, […]

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HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B

April 16, 2024

Late stage HRtech startup Rippling is raising new capital. The company’s new round, that has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being sold by existing stockholders, according to two people familiar with the deal.  This will be Rippling’s Series F, and could raise its valuation […]

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Space startups are licking their lips after NASA converts $11B Mars mission into a free-for-all

April 16, 2024

NASA Administrator Bill Nelson has pronounced the agency’s $11 billion, 15-year mission to collect and return samples from Mars… insufficient. But the strategy shift could be a huge boon to space startups, to which much of that planned funding will almost certainly be redirected. “The bottom line is, an $11 billion budget is too expensive, […]

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Kickstarter launches pre-orders for completed campaigns

April 16, 2024

Once a Kickstarter campaign is complete, you need to turn to a creator’s own page to pre-order the products — that is, until now. Today, Kickstarter announces that it is (finally!) including pre-order functionality once the campaign is over as part of its core platform. It calls the feature “Late pledges,” and the platform says […]

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Intel and others commit to building open generative AI tools for the enterprise

April 16, 2024

Can generative AI designed for the enterprise (e.g. AI that autocompletes reports, spreadsheet formulas and so on) ever be interoperable? Along with a coterie of organizations including Cloudera and Intel, the Linux Foundation — the nonprofit organization that supports and maintains a growing number of open source efforts — aim to find out. The Linux […]

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